New York Times Best Seller!
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According to Douglas Andrew, the best selling author of Missed Fortune 101, too many Americans are being led down the wrong financial path. Even worse, many Baby Boomers find themselves panicking-fearful that they've already fallen too far behind to ever catch up. In this indispensable and eye-opening guide, Andrew provides fresh new pathways to reaching financial security- pathways that all Americans need to consider now.
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| Greetings!
In the midst of a volatile employment, stock and housing market, you may find yourself feeling Isolated, Confused and Powerless. Through Leadership, Relationship and Creativity, Ogan Financial Group, Inc. is excited to introduce The Equity Insider.
The Equity Insider is our quarterly newsletter that will be providing you with important updates, industry news, and local events, with the ultimate goal in mind of educating you and striving towards your financial success with renewed Direction, Confidence and Capability.
To learn more about Ogan Financial Group, Inc. click here |
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House Rich, Cash Poor
The American Dream is to own a home free and clear. However, without a mortgage payment many retirees are finding themselves "house rich" and cash poor.
With Health Care costs rising and Social Security and Pensions insufficient to maintain their standard of living, retirees are left with few options: 1) Go back to work, 2) Sell their home and relocate, leaving their family and memories behind, or 3)Utilize a reverse mortgage, relying on the equity they have exhaustively spent the last 30 years paying off to now fund their retirement on their banks terms.
Homes were meant to store families, not cash. What if during your earning years, your equity was separate and secure in a liquid, safe side account earning a reasonable rate of return that could grow to an amount that would pay off your mortgage many times over, maximize your tax deductions, and fund your retirement without the fear of outliving your income, all while offering you all the emotional benefits of having a home paid off?
To learn more about The Equity Management Solution click here |
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Mortgage vs. Retirement
The Federal Reserve Bank of Chicago recently released a study titled The Tradeoff between Pre-Paying your Mortgage and Saving for Retirement. In this study released August 2006, it reveals that:
- A significant number of households can perform a tax arbitrage by cutting back on accelerated payments and reallocating those funds to build their retirement
- 38% of homeowners that are pre-paying their mortgage are making the wrong choice
- These misallocated savings are costing U.S. households as much as $1.5 billion a year
- Arbitrage is a rather conservative way of building retirement wealth
To read the Federal Reserve Bank of Chicago Study in its entirety, click here |
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Tax-Free Income
Building your nest egg for retirement is one thing, preserving it through retirement and perpetuating it to future generations is another. The key to preserving and perpetuating your financial legacy is hidden in Section 7702 of the Internal Revenue Code.
To learn more about how to create and perpetuate your financial legacy, click here
Want the opportunity to take home a FREE hard cover copy of a NY Times and Wall Street Journal best selling book?
*Your Price: $ 0 List Price: $24.99
*REGISTER NOW and attend one of our FREE educational seminars that will teach you the Wealth Building strategies revealed in The Last Chance Millionaire! |
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